26 July 2016
ABOUT THAI PLASTIC AND CHEMICALS PLC
Mr. Suchai Asvathavornvanit
Managing Director
TPC
DETAILS
Thai Plastic and Chemicals Public Company Limited
(TPC) and its subsidiaries reported Q2’16
net profit at 663 million Baht,
increased by 252 million Baht
compared to the same period of last year.
PVC prices in Q2’16 were lower compared with Q2’15
due to lower main raw material prices. Therefore,
PVC price in Q2’16 was at US$ 803/MT
which decreased by US$ 67/MT compared with
the same period of the prior year.
The average price of ethylene in Q2’16 was
at US$ 1,099/MT which decreased by US$ 287/MT
compared with the same quarter of last year.
The EDC price decreased to US$ 268/MT
from US$ 318/MT, decreased by US$ 50/MT
from the same period of the previous year.
PVC–EDC–Ethylene gap was at US$ 330 /MT,
increased by US$ 40/MT
from the same period of last year.
Total PVC sales volume in Q2’16 was decreased by 3%
compared with the same quarter of last year
resulting from lower PVC production
due to the plant shutdown of VCM unit.
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